The highest consumer prices in Europe last year were in Luxembourg, 67 percent higher than the EU average, while in Serbia they were around 60 percent of the EU average, according to an analysis published by Eurostat.
Luxembourg is followed by two other non-EU countries-Iceland and Norway, where product prices are higher than in others, namely 50 percent higher than the EU average in the case of Iceland and 46 percent in Norway. Among EU countries, the highest consumer prices are in Ireland and Denmark, where they are 40 percent higher than the EU average, followed by Liechtenstein, Sweden, and Finland, while the lowest prices are in Poland and Serbia, at 60 percent of the EU average. Romania and Bulgaria are at 56 percent of the average.
Food and soft drink prices in Serbia are at 80 percent of the EU average, prices are slightly higher in Lithuania, Czech Republic, and Bulgaria, as in Hungary, while food is more expensive in Serbia than in Poland, Romania, Turkey, Bosnia, Montenegro, and North Macedonia.
The prices of alcohol and tobacco in Serbia are 62 percent of the EU average and are lower than in Bulgaria, Turkey, North Macedonia and Bosnia.
According to Eurostat, the prices in restaurants and hotels were almost 3.4 times higher in the most expensive country than in the cheapest. Thus, prices in dining establishments in Bulgaria were 46 percent of the EU average and 62 percent in Hungary. On the other hand, they were 55 percent above the EU average in Denmark, 37 percent in Sweden, and 33 percent in Finland.
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